Mont. Code Ann. § 33-4-309

Directors – election and term

(1) Directors of a farm mutual insurer must be elected by its members by ballot or acclamation for terms not to exceed 3 years and hold office until their respective successors are elected and have qualified.

(2) An individual may not serve as a director unless the individual is a member of the insurer.

History:
En. Sec. 495, Ch. 286, L. 1959
R.C.M. 1947, 40-4828
Amd. Sec. 11, Ch. 227, L. 2011 (HB 125 - Klock, Harry (R) HD 83)